Per Scholas Celebrates $20 Million Investment from Philanthropist MacKenzie Scott

Transformational Investment Propels and Positions Tech Skills Nonprofit for National Future Impact 

BRONX, N.Y., Sept. 28, 2023 /PRNewswire/ -- Per Scholas, a national nonprofit committed to advancing economic mobility and unlocking potential through technology career training, today announced a $20 million investment from philanthropist MacKenzie Scott.

"Receiving this transformational investment from MacKenzie Scott, one of the most dynamic philanthropists in modern times, is a testament to Per Scholas' impact over our nearly 30 year history. As we've evolved from a computer recycler in the South Bronx to a technical skills trainer in 22 cities and counting across America, we are so grateful for this $20 million gift – the largest, unrestricted funding our organization has ever received," said Plinio Ayala, President & CEO, Per Scholas. "This investment will propel Per Scholas for even greater national impact well into the future, centered on growth and innovation and ensuring our alumni achieve a thriving wage through our Career Accelerator."

To date, Per Scholas has prepared more than 20,000 individuals across the U.S. for high-growth careers in technology by offering tuition-free, rigorous, 12- to 15-week training in the nation's most in-demand tech skills. The evidence-based Per Scholas model has been proven in multiple gold-standard research studies, and on average, Per Scholas-trained technologists go on to earn three times their pre-training wage in their first job following graduation. All told, Per Scholas graduates have earned more than $2.4 billion in their post-Per Scholas careers, powering economic advancement in communities across the nation.

Per Scholas connects graduates to high growth careers through our network of 850+ employer partners, ranging from Fortune 500 companies to innovative startups, and supports alumni through the organization's latest innovation, the Career Accelerator, which provides Per Scholas alumni short-term upskilling opportunities, in turn propelling careers. As a result, every dollar invested in Per Scholas results in at least $8 in net economic return.

"I'd like to express my most heartfelt gratitude to Per Scholas staff, funders, employer partners, and supporters, who have believed in our mission to advance economic equity and increase opportunity through America's hottest sector - technology. While the COVID-19 pandemic disrupted life in ways previously unimagined, it presented the opportunity for Per Scholas to innovate a new delivery model, which proved so successful that we were able to scale our impact four-fold," said Lewis Miller, Per Scholas Co-Founder and National Board Chair. "I echo Plinio's gratitude to Ms. Scott - this $20 million investment will certainly position Per Scholas well into our next decade of unlocking potential."

Today, Per Scholas operates in 20+ U.S. markets including Atlanta, Baltimore, Greater Boston, Chicago, Greater Cincinnati, Columbus, Dallas, Denver, Detroit, Houston, Indianapolis, Los Angeles, Newark, New York, North Carolina, Philadelphia, Pittsburgh, Phoenix, Seattle, St. Louis, and Washington, D.C. This investment will enable Per Scholas to continue to expand its training and talent solutions to additional communities across the United States, with the goal of training 10,000 learners per year by 2026.

About Per Scholas
For more than 25 years, Per Scholas has been advancing equity and increasing opportunity across America. Per Scholas unlocks potential for individuals, communities, and employers through rigorous training for careers in tech. Partnering with dynamic employer partners, from Fortune 500 companies to innovative startups, we are building sustainable and diverse talent pipelines, together changing the face of tech. With national remote training and campuses in 20+ cities and growing, Per Scholas offers tuition-free training in the most in-demand tech skills, including Cloud, Cybersecurity, Data Engineering, IT Support, Software Engineering, and more.

To date, more than 20,000 individuals have gained the skills to launch high-growth tech careers, earning three times their pre-training wage. Diversity, equity, inclusion, and belonging is in our DNA: 85 percent of Per Scholas learners are people of color, two in five are women, and more than half have a high school diploma as their highest education credential. Visit PerScholas.org and follow us on LinkedIn, X/Twitter, Facebook, Instagram, and YouTube.

SOURCE Per Scholas